ESCO is the leader of construction industry with new products

Mining News Pro - ESCO's Deputy of Commerce mentioned that the construction industry exhibition presents the development potentials of the country's construction industry infrastructure as a whole and is therefore very important in the country's industry and economy.

Glencore billionaire Alex Beard appears at UK court accused of corruption

UK authorities charged a sixth former Glencore Plc employee in their sweeping corruption case, as Alex Beard, the billionaire former head of oil at the commodities giant, appeared for the first time at a London court.

Anglo American launches share sale in platinum unit amid demerger plans

Miner Anglo American on Tuesday launched an accelerated bookbuild offering of about 13 million shares of Anglo American Platinum (Amplats), ahead of the South African unit’s demerger expected next year.

US Antimony looks to ramp up antimony smelting facility

United States Antimony Corp., the only smelter of antimony in North America, said on Tuesday it was looking to increase its supply of the minor metal, which would then allow it to ramp up its facility.

Greatland eyes Newmont’s Telfer mine

Greatland Gold has confirmed it has entered into negotiations with Newmont for the potential acquisition of the Telfer copper-gold mine in Western Australia.

Epiroc opens surface mining automation centre

Epiroc has celebrated the grand opening of its new surface mining automation centre (SMAC) in Providence, Utah, which will focus on developing autonomous haulage solutions for the mining sector.

STEM pilot powers up with support from BHP and Fortescue

A STEM digital technology pilot was recently initiated at six metropolitan and regional schools with the support of industry partners BHP, Nyrstar, Hillgrove Resources, Fortescue and SIMEC Mining.

Biden close to blocking Nippon Steel deal to buy US Steel

The Biden administration is close to announcing it will block Nippon Steel’s acquisition of US Steel, two sources familiar with the situation said on Wednesday, amid growing bipartisan political opposition to the $14.9 billion deal.

Xi wants bigger returns, fewer headaches from African debt deals

When Chinese President Xi Jinping welcomes African leaders to Beijing this week, he’ll be holding a smaller checkbook and will have a clearer sense of what China wants in exchange: bigger returns and fewer headaches.

NSW Mining and Newcastle Knights extend partnership

The NSW Minerals Council and the Newcastle Knights have extended their long-standing partnership to 2027, cementing the NSW mining industry’s support of women’s sport.

BHP backing AFLW

BHP is continuing its ongoing support of the AFLW this season, extending a partnership that first began in 2019.

US, Peru sign memorandum of understanding for cooperation on critical minerals

The United States and Peru signed a memorandum of understanding on Thursday to improve cooperation on critical minerals, the State Department said in a statement on Thursday.

Zijin Mining sees increasing threats to M&A ambitions

Major Chinese copper and gold producer Zijin Mining Group Co. said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions.

Meteoric Resources to supply rare earths oxide to Ucore

Rare earths developer Meteoric Resources said it has executed an agreement to supply 3,000 metric tons of rare-earth oxide from its forthcoming Caldeira rare earth ionic clay project in Brazil to Canada’s Ucore Rare Metals.

China’s coal output rises as share of electricity slips

China’s production of coal is rising while its share of electricity generation is declining, a seeming contradiction that will likely result in lower imports volumes and cheaper prices.

China’s rare copper export boom signals more than weak demand

A rare burst of Chinese exports has deflated bull spirits in the copper market, with funds dumping long positions and prices down by 16% from the record highs seen in May.

New COO for Perseus

Perseus Mining has appointed a new chief operating officer to its leadership team, taking effect from August 19.

EVZ wins Rio Tinto contract

EVZ, a prominent provider of innovative engineering solutions, has announced its wholly owned subsidiary, Brockman Engineering, has been awarded a contract with Rio Tinto.

A major expansion for Thiess

Mining services giant Thiess has expanded into digital and asset services, acquiring significant stakes in two Australian businesses: LAAMP and Mechatronix.

Rio Tinto iced out by investor advocate ACCR over climate stance

An Australian shareholder advocacy group said it would no longer engage with Rio Tinto after the miner lobbied the Australian government to remove a reference to climate change impacts in impending environmental legislation.

Uranium contract prices soar on uncertain supply, AI-led power demand

Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers.

Gold, not dollar, is the best trump trade

Gold is the best portfolio hedge in the event Donald Trump retakes the White House, according to the latest Bloomberg Markets Live Pulse survey.

China's steel exports threaten all markets

Mining News Pro - Considering the significant increase in the volume of steel products imported into the country in 1402, the serious challenge of the steel industry in 1403 is the import of Chinese steel products to Iran and the decrease Iran's steel exports are to target markets.

Wildfires erupt in Canada crude patch in threat to oil sands

Hot and dry weather is spawning dozens of new wildfires across Alberta, with blazes threatening more than 400,000 barrels a day of Canada’s oil production.

Polish miner found alive after more than 48 hours trapped underground

A Polish coal miner trapped underground since Thursday was found alive by rescuers on Saturday, local media reported.

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HOSCO
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chadormalu Co.
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